Real Estate News Today

Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers and buyers has shrunk since springtime, though, when there were 81% more sellers.  There were an estimated 72.3% more condo sellers than bu

The typical home that sold in August went for nearly 4% under its asking price–the steepest discount for that month since 2019.  One of every six (16.7%) U.S. home sellers dropped their asking price in August, up from 15.9% a year earlier and the highest share for that month in records dating back t

Pending U.S. home sales fell 1% year over year as mortgage rates ticked up after nine straight weeks of declines. Some would-be buyers are hesitant due to economic uncertainty, including jitters about potential layoffs and the government shutdown. Pending U.S. home sales fell roughly 1% from a year

The typical U.S. luxury home sold for $1,250,000 in August, up 3.9% from a year earlier. Luxury home sales fell 0.7% to the lowest August level in Redfin’s records, which go back to 2013. Non-luxury home sales also fell (-0.6%) to the lowest August level on record. The typical luxury home sold in 46

The median sale price of starter homes hit a record $260,508 in August, up 2.2% from a year earlier. Starter-home sales grew 3.8% year over year, rising for the 12th consecutive month to the highest August level in three years. In comparison, sales of mid- and high-price homes fell 0.6% and 1.2% res

Last Week In A Nutshell A quiet week with rates drifting slightly higher as Fed officials sounded cautious on future rate cuts. Upcoming Attractions Potential government shutdown: As of Monday morning, the government looks more likely than not to shut down Tuesday at midnight. The immediate impact o

AuthorAmanda Dodge.  Date: September 29, 2025 2:28 pm How long does an appraisal take? We break down each step of the process for buyers and sellers so that you can have a smooth transaction. The post Home Appraisal Timeline: What to Expect Before Closing appeared first on FastExpert.

80.3% of mortgaged U.S. homeowners have a rate below 6%, down from a record 92.7% in the second quarter of 2022. Just over half (52.5%) of mortgaged homeowners have a rate below 4%, down from 65.1% in 2022. Increased housing supply shows that the mortgage rate lock-in effect is easing, but many buye

A federal government shutdown next Wednesday seems increasingly likely. The impact on the housing market would be fairly limited, though potentially larger in the Washington D.C. area—especially if the shutdown coincided with a reduction-in-force. Congress has not passed any appropriations bills thi

The weekly average mortgage rate dropped for the ninth straight week, dipping to an 11-month low. But would-be buyers are hesitant because prices are high, the economy is uncertain and new listings are dwindling.  The weekly average mortgage rate has fallen to 6.26%, the lowest level in nearly a yea

AuthorAmanda Dodge.  Date: September 24, 2025 5:15 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area! Receiving an offer on your home kicks off an exciting part of the sales process. As a seller, you can start to prepare for the closing date and begin

AuthorAmanda Dodge.  Date: September 24, 2025 1:24 pm Use this guide to answer what does a Realtor do for sellers, and how do they help with the home sale before you begin. The post What Does a Realtor Do for Sellers? Key Roles and Responsibilities appeared first on FastExpert.

Four of last month’s most expensive sales were in coastal Florida, and one was a Beverly Hills estate previously home to billionaire real estate developer Rick Caruso.  A Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso was t

With nearly half of homeowners and renters struggling to afford housing, we’re taking a look at the family-related changes and sacrifices they’re making. Some are moving in with romantic partners, while others are continuing to live with their exes.  More than two in five (44.4%) U.S. homeowners and

U.S. home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis. On a year-over-year basis, home prices rose 3.1%, the slowest rate recorded in Redfin Home Price Index (RHPI) data going back to 2012. 26 of the 50 most populous U.S. metros saw month-over-month price declines.

Last Week In A Nutshell  Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while multiple economic data reports came in stronger than expected. Upcoming Attractions  This week should be fairly quiet for rates as the PCE release doesn’t usually move ma

AuthorAmanda Dodge.  Date: September 22, 2025 3:31 pm Is the scent of your house turning off visitors? Learn how to get rid of an old house smell and unwanted odors. The post How to Get Rid of an Old House Smell? appeared first on FastExpert.

AuthorKelsey Heath.  Date: September 17, 2025 3:47 pm Short-term rentals are booming—agents who adapt win. Find out how to build your reputation as a trusted Airbnb real estate agent and boost repeat business. The post Short-Term Rentals (Airbnb, VRBO): Agent’s Guide to Helping Landlords appeared fi

AuthorKelsey Heath.  Date: September 15, 2025 1:26 pm From Austin to Boise, see why millions are relocating to the best cities for remote work—where lifestyle, affordability, and opportunity meet The post Remote Work & the Migration Boom: Which Cities Are Winning? appeared first on FastExpert.

AuthorKelsey Heath.  Date: September 10, 2025 4:35 pm Enhance property appeal with virtual home tours. This practical guide offers tips to engage potential buyers effectively. The post Virtual & Augmented Reality Home Tours: Best Practices appeared first on FastExpert.